Geppy - Pick the bottom | Forex Factory

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Geppy - Pick the bottom

  • #1
  • First Post: Oct 12, 2008 5:09pm Oct 12, 2008 5:09pm
All,

I have heard every theory as to what the bottom will be. I would like to run this much like a contest to see who can correctly pick the bottom.

Please post your charts and reasons!

B
  • #2
  • Oct 12, 2008 5:17pm Oct 12, 2008 5:17pm
can I play? 148
Trade what you see, not what you think.
  • #3
  • Oct 12, 2008 5:23pm Oct 12, 2008 5:23pm
Quoting karmostaji
can I play? 148
Karmo,

Of course! I want to thank you for all I've learned from you.

B
  • #4
  • Oct 12, 2008 5:27pm Oct 12, 2008 5:27pm
Quoting bigcoupe
Karmo,

Of course! I want to thank you for all I've learned from you.

B
You are most welcome, my friend
Trade what you see, not what you think.
  • #5
  • Oct 12, 2008 5:39pm Oct 12, 2008 5:39pm
147.44 is my next fib ext on my weekly chart
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #6
  • Oct 12, 2008 8:40pm Oct 12, 2008 8:40pm
How long is the contest going to run for?

Shorter term 147.71 Sept 2000 Low

Longer term 128.62 April 1995 Low
{Some Profound Statement goes here}
  • #7
  • Oct 12, 2008 10:34pm Oct 12, 2008 10:34pm
Quoting bpatto
How long is the contest going to run for?

Shorter term 147.71 Sept 2000 Low

Longer term 128.62 April 1995 Low
The short term bottom. I would say a bottom that holds for at least 2 mos.

B
  • #8
  • Oct 22, 2008 10:50am Oct 22, 2008 10:50am
I have 2 predictions myself:

I'm looking 153.6/150

153.6 is the 200% fib for the last daily wave down.

150 is support that goes back so far you need a time machine to see it!

B
  • #9
  • Oct 22, 2008 10:53am Oct 22, 2008 10:53am
Quoting karmostaji
can I play? 148
still waiting for it to get hit
Trade what you see, not what you think.
  • #10
  • Oct 22, 2008 10:56am Oct 22, 2008 10:56am
i'm pretty sure we tried to do this on another pair I can't remember

I said
Attached Image
  • #11
  • Oct 22, 2008 11:03am Oct 22, 2008 11:03am
135/134.8
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  • #12
  • Oct 22, 2008 11:12am Oct 22, 2008 11:12am
Quoting 5ysfx
135/134.8

WOW!

If I knew we would hit them marks, I would load up on shorts and wait it out so I can retire!

B
  • #13
  • Oct 22, 2008 11:27am Oct 22, 2008 11:27am
154.40 near-term but if that fails to hold

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Attached Image
  • #14
  • Oct 22, 2008 11:46am Oct 22, 2008 11:46am
Quoting bigcoupe
WOW!

If I knew we would hit them marks, I would load up on shorts and wait it out so I can retire!

B
this setup is also possible
ultimate bottom could be 84

We are all steping on very thin ice.
Attached Image (click to enlarge)
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  • #15
  • Oct 22, 2008 1:07pm Oct 22, 2008 1:07pm
I think price could eventually reach the 146.50 area, using these fibs. But I would look out for a bounce in the 154 area first. Just my 2 pesos worth . . .

Attached Image (click to enlarge)
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  • #16
  • Oct 22, 2008 2:19pm Oct 22, 2008 2:19pm
longer term 141.20

R
  • #17
  • Oct 22, 2008 5:32pm Oct 22, 2008 5:32pm
George Soros stated last week that the lending/debt system as we know it is over. If we really have reached some sort of an "end" to a system we have been developing for more than 100 years ... just about anything could happen in regards to currency prices. I would play anything fundamentally right now, all technical.
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #18
  • Oct 22, 2008 6:20pm Oct 22, 2008 6:20pm
Quoting StockKJay
George Soros stated last week that the lending/debt system as we know it is over. If we really have reached some sort of an \"end\" to a system we have been developing for more than 100 years ... just about anything could happen in regards to currency prices. I would play anything fundamentally right now, all technical.
Imagine...

One currency controlled by one central bank.

Now that would be scary. Like 1984 24 years late.

B
  • #19
  • Last Post: Oct 24, 2008 8:50am Oct 24, 2008 8:50am
Quoting moneymagnet
147.44 is my next fib ext on my weekly chart
looks like i was wrong in a good way.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
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